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Nalezeno "Makerdao": 443

UST Competitor Maker Erases Weekly Gains


  The price of the stablecoin protocol Maker’s governance token MKR has erased all of its gains from this week, after spiking up by close to 90% on Wednesday. At the time of writing (12:18 UTC), MKR was trading at USD 1,117, down by 27% for the past 24 hours and down by 25% for the past...

Top 5 Wrapped Token Use Cases


  Wrapped tokens have made it possible to put digital assets like bitcoin (BTC) on Ethereum (ETH) so they can interact with decentralized finance (DeFi) applications. This has resulted in significant inflows of tokenized value on Ethereum, and other crypto networks, contributing to several wrapped...

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD


On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators...

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days


Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...

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